Vanguard Mega Cap ETF $MGC Position Increased by Certified Advisory Corp

Certified Advisory Corp grew its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 26.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 12,461 shares of the company’s stock after purchasing an additional 2,637 shares during the period. Certified Advisory Corp’s holdings in Vanguard Mega Cap ETF were worth $2,945,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. BCGM Wealth Management LLC grew its position in Vanguard Mega Cap ETF by 97.3% during the 3rd quarter. BCGM Wealth Management LLC now owns 38,081 shares of the company’s stock worth $9,295,000 after purchasing an additional 18,783 shares in the last quarter. Exchange Traded Concepts LLC acquired a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at $11,119,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Vanguard Mega Cap ETF by 3.2% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 85,758 shares of the company’s stock valued at $21,540,000 after purchasing an additional 2,666 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Mega Cap ETF by 1.2% in the third quarter. Captrust Financial Advisors now owns 210,723 shares of the company’s stock valued at $51,435,000 after purchasing an additional 2,519 shares in the last quarter. Finally, West Wealth Group LLC boosted its position in shares of Vanguard Mega Cap ETF by 7.1% in the fourth quarter. West Wealth Group LLC now owns 103,726 shares of the company’s stock worth $26,053,000 after buying an additional 6,920 shares during the period.

Vanguard Mega Cap ETF Trading Down 1.5%

Shares of MGC stock opened at $269.03 on Wednesday. Vanguard Mega Cap ETF has a 1-year low of $219.76 and a 1-year high of $280.10. The company has a market capitalization of $9.63 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The stock’s fifty day simple moving average is $268.97 and its 200-day simple moving average is $255.68.

About Vanguard Mega Cap ETF

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.